Deducting mortgage interest tricky on three homes

Why is mortgage interest deductible without limit on two homes and not just the primary residence?

Some accountants have jokingly referred to the concept as the "Congressman's Rule" because some of our lawmakers have a residence in the nation's capital and another in their home state.

All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.